Weekly Buzz: Housing policy politics, REBGV stats and Calgary office glut

June 16, 2017 4:22 pm

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This week’s top stories highlight the game of opposites present in Western Canada’s commercial real estate market. In Greater Vancouver, high demand is leading to soaring rents and higher dollar volumes of investment sales in retail, multi-family and office sectors. Senior housing is facing a similar crunch for availability as most rental stock, while skyscrapers in Calgary continues to lie empty. On the residential side, housing commentators are still waiting to see how the results of the B.C. election will affect housing policy.

Here is Western Investor’s pick of the hottest real estate stories published this week.

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